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Why is there such a shortage of homes to buy? – Part 2

April 14, 2021 by The Boulder Property Network

In Part 2 of this two-part series, I discuss the variety of reasons why housing inventory has dropped to such low levels in Boulder County. Work from home Now that people can work remotely, many urban dwellers are choosing to move out of larger cities to suburban areas where they can enjoy more space, high […]

Filed Under: Boulder Real Estate Blog, Duane's Timely Topics Tagged With: #bouldercountyhousingmarket, #bouldercountyrealestate, #coloradorealestate, #Coronavirus, #firsttimehomebuyer, #homeownership, #housingmarket, #housingshortage, #realestateinvestments, #seniorhousing

Last year set the stage for April’s Fair Housing Month

April 9, 2021 by The Boulder Property Network

The National Association of Realtors® (NAR) continues to be an industry leader in fair housing. Last year set the stage for a progressive movement in the fair housing world to support equal opportunity and ensure that people are not discriminated against with regard to housing. In fact, the leadership of the National Association of Realtors […]

Filed Under: Boulder Real Estate Blog, Duane's Timely Topics Tagged With: #bouldercountyhousingmarket, #bouldercountyrealestate, #collegehousing, #coloradorealestate, #fairhousing, #firsttimehomebuyer, #homebuyer, #homeownership, #RealEstate, #realestateinvestments, #seniorhousing

Removing Private Mortgage Insurance (PMI) from your mortgage

April 7, 2021 by The Boulder Property Network

PMI is usually required on conventional home loans for which the down payment is less than 20 percent. When one thinks of “mortgage insurance” some will think of a type of life insurance that if you die, the mortgage on your house is paid off for the benefit of the survivors. Private Mortgage Insurance, known […]

Filed Under: Boulder Real Estate Blog, Duane's Timely Topics Tagged With: #bouldercountyhousingmarket, #bouldercountyrealestate, #collegehousing, #coloradorealestate, #firsttimehomebuyer, #homeownership, #PMI, #PrivateMortgageINsurance, #realestateinvesting, Investments, mortgages

Why is there such a shortage of homes to buy?, Part 1

March 15, 2021 by The Boulder Property Network

According to RE/MAX of Boulder Managing Broker Todd Gullette, 2021 is starting off with a record-low number of homes available to buy. As of January 2021, there are only a total of 334 single family homes showing as available in the IRES Multiple Listing System (MLS) in all of Boulder County. For many home buyers, […]

Filed Under: Boulder Market Reports, Boulder Real Estate Blog, Duane's Timely Topics, Real Estate Investment Information Tagged With: #bouldercountyhousingmarket, #bouldercountyrealestate, #coloradorealestate, #firsttimehomebuyer, #homeownership, #housinginventory, #housingmarket, #housingstatistics, #RealEstate, #realestateinvestments

Investing in real estate using retirement plan funds, Part 1

March 10, 2021 by The Boulder Property Network

Anyone can use their retirement plan to invest in real estate you just need to have the proper plan in place. (Photo: Pexels).   When most people think of IRAs, SEPs, and 401ks, they usually think of investing in the stock market or mutual funds. However, if you set up a self-directed IRA account (SDIRA), […]

Filed Under: Boulder Real Estate Blog, Duane's Timely Topics, Real Estate Investment Information Tagged With: #bouldercountyhousingmarket, #bouldercountyrealestate, #coloradorealestate, #homeownership, #investing, #irainvestments, #realestateinvestments, #retirement, #selfdirectedira

Home appreciation outpacing capital gains exclusion

March 4, 2021 by The Boulder Property Network

It is very tough to “outsave” an appreciating real estate market. The 1997 Taxpay Relief Act allowed for a $250,000 capital gains exclusion for a single person and $500,000 for a married couple when a personal residence was sold. The caveat was that the homeowner needed to live in the home for the last two […]

Filed Under: Boulder Real Estate Blog, Duane's Timely Topics Tagged With: #bouldercountyhousingmarket, #bouldercountyrealestate, #capitalgains, #capitalgainsexclusion, #coloradorealestate, #homeownership, #homeseller, #RealEstate, #seniorhousing

Homebuyers gain purchasing power with higher loan limits

March 2, 2021 by The Boulder Property Network

It is very tough to “outsave” an appreciating real estate market. As 2021 begins, today’s homebuyers are frustrated with the scarce inventory of homes to choose from across all price ranges. Shrinking inventory has put upward pressure on home prices across the country. In fact, the Federal Housing Finance Agency (FHFA) determined that the average […]

Filed Under: Boulder Real Estate Blog Tagged With: #bouldercountyhousingmarket, #bouldercountyrealestate, #coloradorealestate, #firsttimehomebuyer, #homeownership, #mortgage, #mortgageloan, #mortgagerates

Round up of the 2020 local housing market: What happened?

February 28, 2021 by The Boulder Property Network

The economy here in Colorado and the Front Range were no exception, but we have fared better than many other areas of the country. (Photo: David McBee, Pexels).   The global economy was hit very hard in 2020 with the pandemic. The economy here in Colorado and the Front Range were no exception, but we […]

Filed Under: Boulder Market Reports, Boulder Real Estate Blog Tagged With: #bouldercountyhousingmarket, #bouldercountyrealestate, #bouldereconomy, #coloradoeconomy, #coloradorealestate, #housingmarket, #housingstatistics, #RealEstate

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Recommended Reading for REALTORS®

REALTOR® for Life

by Duane Duggan

realtor-for-lifeWhat does it take to be a REALTOR® for life? This book provides first hand knowledge from one of the most distinguished and active careers in real estate. Duane Discusses his newly published book here.

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